Tax Residency Certificate - TRS

Hello Pankaj, While making payment to a company situated outside India against purchase of electronic goods, is it mandatory that we need to get the Tax Residency Certificate (TRS) from the payee?

asked Oct 10 '12 at 12:58 by anand19779 16225

Hi Pankaj, Basically I need to know the applicability of TRC. Who has to obtain the TRC and from whom? And on what situations the TRC needs to be obtained?
(Oct 10 '12 at 16:31) anand19779

Tax residency certificate should not be applicable here in case of purchase of goods.

answered Oct 10 '12 at 17:02 by Pankaj Batra 5.2k320

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Can you tell me where and under which situation it will be applicable?
(Oct 10 '12 at 17:10) anand19779
Its required by all foreigners to furnish a tax residency certificate of their home country to claim benefits under the double taxation avoidance agreement. Here in case of purchase there should not be any question of double taxation avoidance.
(Oct 10 '12 at 17:16) Pankaj Batra
Thanks Pankaj :)
(Oct 10 '12 at 17:32) anand19779

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Asked: Oct 10 '12 at 12:58

Seen: 1,419 times

Last updated: Oct 10 '12 at 17:32